Virtual asset Fear & Greed Index records 29 points… enters 'Fear' stage

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Summary

The virtual asset market's Fear & Greed Index was reported to have entered the 'Fear' stage at 29 points.
The index rose 6 points from the previous day, showing that market investor sentiment has partially recovered.
The Fear & Greed Index was reported to be calculated based on volatility, trading volume, social media, surveys, Bitcoin market cap dominance, and Google search volume.

The virtual asset (cryptocurrency) Fear & Greed Index rose 6 points from the previous day, showing an increase in investor sentiment. The Fear & Greed Index is an indicator of market sentiment: values closer to 0 indicate extreme fear, while values closer to 100 indicate extreme greed.

On the 19th (local time), the Fear & Greed Index provided by virtual asset analytics firm Alternative is currently 29 out of 100, entering the 'Fear' stage. The index rose 6 points from the previous day (23 points), showing that market sentiment has significantly recovered.

The Fear & Greed Index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search volume (10%).